{"id":64696,"date":"2026-05-25T07:43:54","date_gmt":"2026-05-25T07:43:54","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=64696"},"modified":"2026-05-25T07:43:54","modified_gmt":"2026-05-25T07:43:54","slug":"bipolar-disorder","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2026\/05\/25\/bipolar-disorder\/","title":{"rendered":"Bipolar Disorder"},"content":{"rendered":"<h4>Key Points<\/h4>\n<ul>\n<li>The University of Michigan Consumer Sentiment Index fell to a new record low since the series started in 1960.<\/li>\n<li>The Dow Jones Industrial Average broke through resistance at 50,000, confirming a fresh bull market advance.<\/li>\n<\/ul>\n<hr \/>\n<p>The University of Michigan Consumer Sentiment Index fell to a new low of 44.8.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2026\/2026-05-22-uom-sentiment.png?resize=525%2C358&#038;ssl=1\" alt=\"University of Michigan: Consumer Sentiment\" width=\"525\" height=\"358\" \/><\/p>\n<p>A plot of the 3-month moving average since 1960, when the Consumer Sentiment series started, shows that consumer sentiment is at a record low.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2026\/2026-05-22-uom-sentiment-3m.png?resize=525%2C358&#038;ssl=1\" alt=\"University of Michigan: Consumer Sentiment\" width=\"525\" height=\"358\" \/><\/p>\n<i>[Content protected for Premium, Australian Growth, International Growth, Market Analysis members only]<\/i>\n&#8230;..<\/p>\n<p>If you are already a subscriber, please log in to continue reading:<\/p>\n<div style=\"width: 400px; max-width: 90%; margin: auto;\"><div class=\"WishListMember_LoginMergeCode\"><div class=\"wlm-ajax-login\"><div class=\"wlm-ajax-login-form\"><form action=\"https:\/\/thepatientinvestor.com\/wp-login.php\" method=\"post\" class=\"wlm_inpageloginform\">\n<input type=\"hidden\" name=\"wlm_redirect_to\" value=\"wishlistmember\" \/>\n<input type=\"hidden\" name=\"redirect_to\" value=\"wishlistmember\" \/>\n<div class=\"wlm3-form\">\n<div class=\"wlm3-form-group\"><label>Username or Email Address<\/label><input name=\"log\" class=\" wlm3-form-field fld\" id=\"wlm_form_field_log\" type=\"text\" value=\"\"><\/div>\n<div class=\"wlm3-form-group\"><label>Password<\/label><span class=\"wishlist-member-login-password\"><input name=\"pwd\" class=\" wlm3-form-field fld\" id=\"wlm_form_field_pwd\" type=\"password\" value=\"\"><a href=\"#\" class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/a><\/span><\/div>\n\n<div class=\"wlm3-form-group\"><label><input name=\"rememberme\" class=\" form-checkbox fld\" id=\"wlm_form_field_rememberme\" type=\"checkbox\"  value=\"forever\"> Remember Me<\/label><\/div>\n<p><input name=\"wp-submit\" class=\"\" id=\"wlm_form_field_wp-submit\" type=\"submit\" value=\"Login\"><\/p>\n\n<p>\n<a href=\"https:\/\/thepatientinvestor.com\/wp-login.php?action=lostpassword\">Lost your Password?<\/a>\n<\/p>\n<\/div>\n<\/form><\/div><form method=\"post\" action=\"https:\/\/thepatientinvestor.com\/wp-login.php?action=wishlistmember-otl\" class=\"wlm-ajax-login-form-otl\" style=\"display: none;\"><div class=\"wlm-ajax-login-notice -permanent\">Please enter your username or email address. You will receive an email message with a one-time login link.<\/div><div class=\"wlm3-form\"><div class=\"wlm3-form-group\"><label>Username or Email Address<\/label><input name=\"user_login\" class=\" wlm3-form-field fld\" id=\"wlm_form_field_user_login\" type=\"text\" value=\"\"><\/div><p><input name=\"wp-submit\" class=\"\" id=\"wlm_form_field_wp-submit\" type=\"submit\" value=\"Get One-Time Login Link\"><\/p><input name=\"action\" class=\" wlm3-form-field fld\" id=\"wlm_form_field_action\" type=\"hidden\" value=\"wishlistmember-otl\"><p><a href=\"https:\/\/thepatientinvestor.com\/wp-login.php?action=login\">Login using username\/email and password<\/a><\/p><\/div><\/form><form method=\"post\" action=\"https:\/\/thepatientinvestor.com\/wp-login.php?action=lostpassword\" class=\"wlm-ajax-login-form-lost\" style=\"display: none;\"><div class=\"wlm-ajax-login-notice -permanent\">Please enter your username or email address. You will receive an email message with instructions on how to reset your password.<\/div><div class=\"wlm3-form\"><div class=\"wlm3-form-group\"><label>Username or Email Address<\/label><input name=\"user_login\" class=\" wlm3-form-field fld\" id=\"wlm_form_field_user_login\" type=\"text\" value=\"\"><\/div><p><input name=\"wp-submit\" class=\"\" id=\"wlm_form_field_wp-submit\" type=\"submit\" value=\"Get New Password\"><\/p><input name=\"action\" class=\" wlm3-form-field fld\" id=\"wlm_form_field_action\" type=\"hidden\" value=\"lostpassword\"><p><a href=\"https:\/\/thepatientinvestor.com\/wp-login.php?action=login\">Log in<\/a><\/p><\/div><\/form><\/div><\/div><\/div>\n<p>If you are not a subscriber, <a href=\"https:\/\/thepatientinvestor.com\/index.php\/subscribe\/\">click here<\/a> to find out more about our latest offer.\n","protected":false},"excerpt":{"rendered":"<p>Key Points The University of Michigan Consumer Sentiment Index fell to a new record low since the series started in 1960. The Dow Jones Industrial Average broke through resistance at 50,000, confirming a fresh bull market advance. The University of Michigan Consumer Sentiment Index fell to a new low of 44.8. A plot of the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2026\/05\/25\/bipolar-disorder\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bipolar Disorder&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31,44,5342,6,3761,9,34,35],"tags":[69,5762,7312,7311,5056,495,7313,798,6967,1073,1113,7314,1578,5662,6055,7248,3010,3124,5438],"class_list":["post-64696","post","type-post","status-publish","format-standard","hentry","category-the-fed-banks-interest-rates","category-crude-oil-natural-gas","category-cryptocurrency","category-fixed-income","category-gdp-and-activity","category-gold-precious-metals","category-us-canada-countries-regions","category-us-dollar-index","tag-10-year-treasury-yield","tag-advance-real-retail-sales","tag-ai-boom","tag-ai-capital-spending","tag-bitcoin-btc","tag-brent-crude","tag-cass-freight-shipments-index","tag-consumer-sentiment","tag-current-economic-conditions","tag-dollar-index","tag-dow-jones-industrial-average","tag-expected-change-in-prices-during-the-next-year","tag-gold-2","tag-heavy-truck-sales","tag-moodys-baa-corporate-bond-spread","tag-sp-1500-transportation-index-x4f","tag-sp-500","tag-silver-2","tag-university-of-michigan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bipolar Disorder - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bipolar Disorder - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Key Points The University of Michigan Consumer Sentiment Index fell to a new record low since the series started in 1960. The Dow Jones Industrial Average broke through resistance at 50,000, confirming a fresh bull market advance. The University of Michigan Consumer Sentiment Index fell to a new low of 44.8. A plot of the &hellip; Continue reading &quot;Bipolar Disorder&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/?p=64696\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-25T07:43:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.incrediblecharts.com\/images\/2026\/2026-05-22-uom-sentiment.png\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/?p=64696#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/?p=64696\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Bipolar Disorder\",\"datePublished\":\"2026-05-25T07:43:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/?p=64696\"},\"wordCount\":983,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/?p=64696#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2026\\\/2026-05-22-uom-sentiment.png\",\"keywords\":[\"10-Year Treasury Yield\",\"Advance Real Retail Sales\",\"AI Boom\",\"AI Capital Spending\",\"Bitcoin (BTC)\",\"Brent crude\",\"Cass Freight Shipments Index\",\"Consumer Sentiment\",\"Current Economic Conditions\",\"Dollar Index\",\"Dow Jones Industrial Average\",\"Expected Change in Prices During the Next Year\",\"Gold\",\"Heavy Truck Sales\",\"Moody's Baa Corporate Bond Spread\",\"S&amp;P 1500 Transportation Index ($X4F)\",\"S&amp;P 500\",\"silver\",\"University of Michigan\"],\"articleSection\":[\"Banks &amp; Interest Rates\",\"Crude Oil &amp; Natural Gas\",\"Cryptocurrency\",\"Fixed Income\",\"GDP and Activity\",\"Gold &amp; Precious Metals\",\"US &amp; Canada\",\"US Dollar Index\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/?p=64696#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/?p=64696\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/?p=64696\",\"name\":\"Bipolar Disorder - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/?p=64696#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/?p=64696#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2026\\\/2026-05-22-uom-sentiment.png\",\"datePublished\":\"2026-05-25T07:43:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/?p=64696#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/?p=64696\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/?p=64696#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2026\\\/2026-05-22-uom-sentiment.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2026\\\/2026-05-22-uom-sentiment.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/?p=64696#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bipolar Disorder\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. Strategic. Unfiltered. \",\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/thepatientinvestor.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\",\"name\":\"The Patient Investor Pty Ltd\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"The Patient Investor Pty Ltd\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/profile.php?id=61572934660810\",\"https:\\\/\\\/www.instagram.com\\\/colin_thepatientinvestor\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\",\"name\":\"Colin Twiggs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"caption\":\"Colin Twiggs\"},\"description\":\"Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\\\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.\",\"sameAs\":[\"https:\\\/\\\/facebook.com\\\/people\\\/The-Patient-Investor\\\/61572934660810\\\/\",\"https:\\\/\\\/www.instagram.com\\\/colin_thepatientinvestor\",\"https:\\\/\\\/au.linkedin.com\\\/in\\\/colintwiggs\"],\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/author\\\/investor\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bipolar Disorder - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Bipolar Disorder - the patient investor","og_description":"Key Points The University of Michigan Consumer Sentiment Index fell to a new record low since the series started in 1960. The Dow Jones Industrial Average broke through resistance at 50,000, confirming a fresh bull market advance. The University of Michigan Consumer Sentiment Index fell to a new low of 44.8. A plot of the &hellip; Continue reading \"Bipolar Disorder\"","og_url":"https:\/\/thepatientinvestor.com\/?p=64696","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_author":"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","article_published_time":"2026-05-25T07:43:54+00:00","og_image":[{"url":"https:\/\/www.incrediblecharts.com\/images\/2026\/2026-05-22-uom-sentiment.png","type":"","width":"","height":""}],"author":"Colin Twiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Colin Twiggs","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/?p=64696#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/?p=64696"},"author":{"name":"Colin Twiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454"},"headline":"Bipolar Disorder","datePublished":"2026-05-25T07:43:54+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/?p=64696"},"wordCount":983,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/?p=64696#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2026\/2026-05-22-uom-sentiment.png","keywords":["10-Year Treasury Yield","Advance Real Retail Sales","AI Boom","AI Capital Spending","Bitcoin (BTC)","Brent crude","Cass Freight Shipments Index","Consumer Sentiment","Current Economic Conditions","Dollar Index","Dow Jones Industrial Average","Expected Change in Prices During the Next Year","Gold","Heavy Truck Sales","Moody's Baa Corporate Bond Spread","S&amp;P 1500 Transportation Index ($X4F)","S&amp;P 500","silver","University of Michigan"],"articleSection":["Banks &amp; Interest Rates","Crude Oil &amp; Natural Gas","Cryptocurrency","Fixed Income","GDP and Activity","Gold &amp; Precious Metals","US &amp; Canada","US Dollar Index"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/?p=64696#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/?p=64696","url":"https:\/\/thepatientinvestor.com\/?p=64696","name":"Bipolar Disorder - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/?p=64696#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/?p=64696#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2026\/2026-05-22-uom-sentiment.png","datePublished":"2026-05-25T07:43:54+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/?p=64696#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/?p=64696"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/?p=64696#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2026\/2026-05-22-uom-sentiment.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2026\/2026-05-22-uom-sentiment.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/?p=64696#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Bipolar Disorder"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. Strategic. Unfiltered. ","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454","name":"Colin Twiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","caption":"Colin Twiggs"},"description":"Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-gPu","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":45625,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/11\/23\/sp-500-rallies-while-consumer-sentiment-falls\/","url_meta":{"origin":64696,"position":0},"title":"S&#038;P 500 rallies while consumer sentiment falls","author":"Colin Twiggs","date":"November 23, 2023","format":false,"excerpt":"The University of Michigan Index of Consumer Sentiment declined to 61.3 for November. Levels below 70 in the past have signaled a recession. Consumer sentiment is in sharp contrast to robust personal consumption expenditures which at 93% of disposable personal income are well above pre-pandemic levels. Mortgage rates above 7.0%\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"University of Michigan Consumer Sentiment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-23-consumer-sentiment.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-23-consumer-sentiment.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-23-consumer-sentiment.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":61395,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/03\/18\/dow-and-sp-500-bounce-gold-soars-to-new-highs\/","url_meta":{"origin":64696,"position":1},"title":"Dow and S&#038;P 500 bounce, gold soars to new highs","author":"Colin Twiggs","date":"March 18, 2025","format":false,"excerpt":"The Dow and S&P 500 show a healthy bounce. However, the bear market signal stands even if they recover above their primary support levels. The S&P 500 gained 0.6% but encountered selling near the close. Respect of resistance at 5800 would confirm the earlier bear signal, a reliable entry point\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-03-17-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-03-17-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-03-17-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62293,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/08\/18\/consumers-the-dow-and-secular-trends\/","url_meta":{"origin":64696,"position":2},"title":"Consumers, the Dow, and secular trends","author":"Colin Twiggs","date":"August 18, 2025","format":false,"excerpt":"Key Points Consumer sentiment remains weak, and inflation expectations are high The Fed maintains strong liquidity to support financial markets A Dow breakout above 45K would signal the third phase of a bull market Secular trends in Treasuries and the Dollar fuel long-term demand for gold Retail sales show no\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Advance Real Retail & Food Sales","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-15-realretail.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-15-realretail.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-15-realretail.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62298,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/08\/20\/this-fomc-meeting-will-be-a-watershed\/","url_meta":{"origin":64696,"position":3},"title":"This FOMC meeting will be a watershed","author":"Colin Twiggs","date":"August 20, 2025","format":false,"excerpt":"Key Points Stocks have stalled ahead of the FOMC decision from the Fed Housing permits confirm weak consumer sentiment The S&P 500 retreated ahead of the interest rate decision from the Fed. A breach of support at 6400 would warn of a correction. The Dow Jones Industrial Average has encountered\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-19-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-19-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-08-19-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":61556,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/04\/27\/a-bear-rally-but-capital-outflows-likely-to-continue\/","url_meta":{"origin":64696,"position":4},"title":"A bear rally, but capital outflows likely to continue","author":"Colin Twiggs","date":"April 27, 2025","format":false,"excerpt":"Summary The S&P 500 and Dow Jones Industrial Average have rallied but remain below their 50-week weighted MA, indicating a bear market 10-year Treasury yields eased slightly, but the declining dollar continues to warn of capital outflows from US financial markets Plunging consumer sentiment warns of recession Gold continues in\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-04-25-spx-w.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-04-25-spx-w.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-04-25-spx-w.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":61388,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/03\/15\/dow-and-sp-500-retrace-but-sentiment-plunges\/","url_meta":{"origin":64696,"position":5},"title":"Dow and S&#038;P 500 retrace but sentiment plunges","author":"Colin Twiggs","date":"March 15, 2025","format":false,"excerpt":"The S&P 500 and Dow Industrial Average are retracing to test their former primary support levels, but respect of new resistance is likely to confirm the bear market. The S&P 500 is retracing to test resistance between 5700 and 5800, shown on the weekly chart. Respect would confirm the primary\u2026","rel":"","context":"In &quot;GDP and Activity&quot;","block_context":{"text":"GDP and Activity","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/gdp-and-activity\/"},"img":{"alt_text":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-03-14-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-03-14-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-03-14-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/64696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=64696"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/64696\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=64696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=64696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=64696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}